"We bring an inspiring, affordable and convenient home furnishing offer", Jesper Brodin said a day before the grand opening of the furniture giant's vast store on the outskirts of the southern city of Hyderabad.

"For me and for us, there is a logic to what India is doing".

Those rules have been relaxed, and Ikea is planning stores in Mumbai, Bangalore and a suburb of New Delhi in the coming years. After Hyderabad, the company would be opening stores next in Mumabai, Bengaluru and National Capital Region.

Sweden-based furniture retail company, IKEA opened its first store in India today. Also, in the decade it took IKEA to enter the Indian market, quite a few startups today offer quirky designs and at home delivery for furniture - such as Urban Ladder, Not So Shabby and others. Out of these, roughly 1,000 products will be available for under Rs 200, IKEA said in an official statement, as reported by the Times of India.

IKEA had also emphasised earlier that in the next five years as much as 30 per cent of products it sells in India will be sourced locally. "This resonates closely with the demands of an average Indian consumer". Rs 1,000 crore (140 million euros) investment per store. Chicken and vegetarian meatballs, for 129 rupees a serve, will replace the traditional Swedish ones made with beef and pork.

"It would be interesting to see how IKEA does justice to its vision of "furniture for all", she said. "It's just an hour from my home and it will be within my budget". In the furniture section, you can use the touch screen facility to understand your need and then find the price range and order it.

For each store it opens, IKEA plans to have between 800-1,000 co-workers, which will be a mix of internationally experienced workers and locally recruited. "One is the Swedish unique range and one is the local range", the company said.

Bezos has been so determined to win India, a market of 1.3 billion people (mostly millennials, too), because the e-commerce giant's online retail market share in the country is expected to grow to $200 billion in 2026, from $15 billion in 2016, according to research from Morgan Stanley.

Nevertheless, analyst Sowmya Adiraju at researcher Euromonitor International said the target audience for many current IKEA products, especially big-ticket items, seemed to be the wealthier end of India's middle class.

Recommended News

Pitt's lawyers answered that Pitt actually suggested expediting the divorce in this way and had already agreed to it. Pitt's response said that a status conference that is already scheduled would serve the same objective .

Stokes said the cricketers offered Cunningham around PS60 or PS70 ($104 or $120) to get them into the club, which was turned down. Looking at security camera footage from outside the nightclub, Stokes said it was not possible to tell if he was angry.

The partial eclipse will be a small eclipse as the moon will cover only the edge of the sun, with much of the star still visible. In case of a total lunar eclipse, Earth comes between the Sun and Moon's path, and blocks sunlight from reaching the satellite.

As such, they're now trying to slash the budget of the next installment and that includes lowering the salaries for the cast. Or Pine and Hemsworth could re-enter talks with Paramount Pictures and Skydance Media.

After a £52m deal was struck with Shakhtar Donetsk before the World Cup, the Brazilian midfielder agreed to join Man United. Pogba overruled Alexis Sanchez when United were awarded an early penalty despite the protestations of his teammate.

The Perseid meteor shower is happening over the weekend, and at its peak viewers should be able to see 60-70 meteors per hour. If you know your constellations, look for Perseus in the northern sky, soon after sunset this time of year.

We condemn in the strongest terms the launching of massive missile attacks into Israel from Gaza and call for an end to violence. Palestinians have been protesting along the Gaza-Israel border on Fridays since late March. "Netanyahu was opposed.

Eric Bailly did superbly to deny Iheanacho, and Vardy bundled Shaw off the ball to send in a cross that Gray nearly flicked home. Yerry Mina was another target but "United were put off by what they considered to be excessive agent fees".

Law enforcement sources tell TMZ they were called to a commercial location in Astoria, Queens Thursday for a burglary. Sean Young attends the premiere of TNT's " The Alienist " at iPic Cinema, Jan. 16, 2018, in New York City.

He said the whale is incredibly skinny but was swimming well and there were no obvious signs of abnormality with her skin. A team of whale experts has injected an ailing killer whale with antibiotics in a rare emergency effort to save her.

High level meetings in Washington between US and Turkish officials ended this week without an apparent resolution. It all started with Turkey's own mistakes - or, more accurately, with Turkish President Recep Tayyip Erdogan's .

They were trying to get it done before the World Cup but before a ball was kicked they had it done. I think football is changing and managers should be called head coaches".

Follow Us!

Join The Conversation

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.

Market cap sinks to new 2018 low as Bitcoin drops to $6500
More importantly, the price failed to test the 50% Fib retracement level of the last decline from the $7,167 high to $6,139 low. BTC is seeing a daily loss of around 8 percent today but the coin's market dominance among all 1600+ currencies is 49 percent.

Partial Solar Eclipse Occurs Saturday! What to Expect
The wide path of this eclipse means more people will be able to catch it, compared to the July 13 partial solar eclipse . Nasa advises to use eye protection like special eclipse glasses should be used to witness the solar eclipse.

Roger Stone associate held in contempt in Russia probe
District Chief Judge Beryl Howell ruled Miller in contempt of court after he repeatedly defied subpoenas to testify under oath. Mueller has been focusing in recent months on Stone, who has had a decades-long relationship with Trump.

Kroenke on the brink of full Arsenal takeover
The owner of Kroenke Sports & Entertainment (KSE) had a 67 percent ownership of Arsenal's shares. Within two hours of the announcement '#KroenkeOut' was trending on Twitter in Britain.

IPhone X smokes Galaxy Note 9 in speed tests
The Note 9's other new features include a stylus that wirelessly communicates with the phone to act as a remote control. AT&T's will price the Galaxy Note 9 at $33.34 for 30 months on an AT&T Next installment plan.